Whether you’re joining the real estate business for potential profit or just looking for a place to live, it’s important to assess the housing markets you’re considering before investing in a property. Real estate prices and rental rates vary widely across the different markets based on supply and demand, but also other aspects.
If you aim for long-term growth, equity and profit, you’ll need to look beyond tangible factors, such as square meters, design and location. Those factors definitely drive up property values. From an investor’s point of view, however, they hold far less significance than historical market trends and the economic health of residents.